The Captain recommends -

28/07/2004

Metaphysical economics

If you always thought that economics is all about worldly, rationalistic, boring bean counting (I am over-generalising, I know!), then think again! Here is an interesting piece of research done by the Federal Reserve Bank of St. Louis, showing that there is a positive correlation between a nation's belief in hell and its per capita income! Now, statistically speaking, you're absolutely right that correlation does not mean causation, but there certainly are some interesting trains of thought to follow on that topic, irrespective of whether or not you share the belief in the key concept or its reverse ...